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CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Income Statement [Abstract]    
Revenue $ 2,000 $ 1,986
Costs and expenses:    
Cost of sales 588 569
Selling, general and administrative expenses 505 465
Research and development expenses 142 122
Amortization of intangible assets 37 41
Restructuring charges and certain acquisition-related costs 21 2
Interest expense, net of capitalized interest 63 53
Other (income)/deductions—net (53) 7
Income before provision for taxes on income [1] 697 727
Provision for taxes on income 146 133
Net income before allocation to noncontrolling interests 551 594
Less: Net loss attributable to noncontrolling interests (1) (1)
Net income attributable to Zoetis Inc. $ 552 $ 595
Earnings per share attributable to Zoetis Inc. stockholders:    
Basic (in dollars per share) $ 1.19 $ 1.26
Diluted (in dollars per share) $ 1.19 $ 1.26
Weighted-average common shares outstanding:    
Basic (in shares) 463.5 472.2
Diluted (in shares) 464.6 474.1
Dividends paid per common share (in dollars per share) $ 0.375 $ 0.325
[1] Defined as income before provision for taxes on income.